Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

GBP/USD analysis for September 17, 2018

September 17, 2018 Analytics

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Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3117. According to the M30 time – frame, I found series of the higher highs and higher lows, which is sign that buyers are in control. I also found the breakout of the Keltner upper band at 1.3100 in the background and the hidden bullish divergence on the 3/10 oscillator, which is another sign of strength. Watch for buying opportunities. The upward targets are set at the price of 1.3143 and at the price of 1.3175.

The material has been provided by InstaForex Company – www.instaforex.com

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